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Cox Automotive Makes Bold Move with Subscription Services 09/12/2018 CBT Automotive is speaking today with Cox Automotive members: Joe George, president of Mobility Solutions, David Liniado, vice president of New Growth and Development, and Vince Zappa, president of Clutch Technologies to discuss the future of the automotive industry, and find out what consumers really want. Cox Automotive is expanding their business model to include a new branch of the automotive industry, vehicle subscription services. By acquiring… Read Article

Mobility Solutions Group News Coverage

Cox Automotive and Penske Jointly Develop Automated Vehicle Retailing Platform for Online Car Buying 07/26/2021 CBT News, July 26, 2021 – Penske Automotive Group and Cox Automotive have debuted an industry-first automated digital retailing platform for vehicle sales. Joining CBT News today to discuss this development is Marianne Johnson, Chief Product Officer at Cox Automotive, alongside Mike Barrington, who is the Senior Vice President and Business Leader of Digital Commerce and Retail Transactions at Cox Automotive as well. Kelly Mulroney, Senior… Read Article

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DAILY DRIVE PODCAST: Industry Forecast: Why 2021 Should Keep Rocking, Jonathan Smoke 07/01/2021 Automotive News Daily Drive Podcast, July 1, 2021 – Cox Automotive Chief Economist Jonathan Smoke joins Jamie Butters, chief content officer at Automotive News, for an episode of the Daily Drive podcast. On this episode, Butters and Smoke discuss auto sales, looking at the entire year, and the supply/demand imbalance as well as the connections and parallels between the auto and housing markets. Plus, Smoke shares his… Read Article

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PODCAST: More Insights into 2021 Cox Automotive Dealership Staffing Study 06/25/2021 Auto Remarketing Podcast, June 25, 2021 – Nick Zulovich, senior editor, Auto Fin Journal, SubPrime Auto Finance News and BHPH Report, went straight to the orchestrator of the 2021 Cox Automotive Dealership Staffing Study for this episode of the Auto Remarketing Podcast. Cox Automotive senior industry intelligence manager Angela Drake shared additional insight about the study, which was initially distributed on Monday. Listen to Podcast. Read Article

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Jonathan Smoke, Chief Economist at Cox Automotive, Breaks Down the Latest Dealer Sentiment Index 06/24/2021 CBT News, June 24, 2021 – Recently, Cox Automotive published its quarterly Cox Automotive Dealer Sentiment Index for Q2. The index measures dealer sales expectations and how they perceive current auto retail trends over the next 90 days. Jonathan Smoke, Chief Economist for Cox Automotive joined Jim Fitzpatrick on CBT News to discuss the findings of this latest index. Smoke begins the conversation by describing first, what the Cox… Read Article

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Cox Automotive President Steve Rowley Discusses His Perspective on the Future of Auto Retail 06/23/2021 CBT News, June 23, 2021 – Cox Automotive President Steve Rowley discusses his background, the first nine months at Cox Automotive and his perspective on the future of auto retail with Jim Fitzpatrick at CBT News. Rowley wraps up the conversation by discussing the concerns car dealers are experiencing within the industry. He doesn’t believe they are any insurmountable obstacles but focus and creativity will be essential.… Read Article

Steve Rowley News Coverage

Cox Automotive’s Zo Rahim Explains Why Prices for Used Vehicles Continue to Soar 06/10/2021 On CBT News, host Jim Fitzpatrick is joined by Zo Rahim, manager of Economic and Industry Insights at Cox Automotive. Used vehicle pricing has increased significantly, so on today’s show, Rahim reveals what’s behind the increase and what dealers can do. The mid-month Manheim Used Vehicle Value Index was recently published and shows about a 50% increase over last year and hit a record high. Rahim begins the… Read Article

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3 Straight Record Months in Manheim Used Vehicle Value Index 05/07/2021 Auto Remarketing, May 7, 2021 – Make that three straight months of records for the Manheim Used Vehicle Value Index. The Cox Automotive business unit’s measure of wholesale car prices came in at 194.0 for April, which beat year-ago figures by 54.3% and was nearly a 15-point jump from the prior record set a month before (179.2). Mix, mileage and seasonally adjusted, wholesale values were up… Read Article

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It’s the Best Time Ever to Sell a Used Car — as Long as You Don’t Need to Buy One 05/04/2021 Los Angeles Times, May 4, 2021 – Clarissa Iliff logged about 78,000 miles on her trusty 2015 Ford Focus before a looming new car purchase rendered it expendable earlier this year. Trying to unload it, the Orange resident took the Ford to a local car dealership, which offered her $4,850 for the sedan in late March. But that was about $1,000 less than the low-end valuation… Read Article

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Rental Companies Buy Up Used Cars as Microchip Crisis Gets Worse 05/03/2021 Bloomberg, May 3, 2021 – The semiconductor shortage has slashed vehicle production so much that rental-car companies can’t get the new cars they need, so they have resorted to buying used vehicles at auction. This is uncharted territory for the likes of Hretz Global Holdings Inc. and Enterprise Holdings Inc., which have made their profits by purchasing new vehicles cheaply in bulk, renting them out for… Read Article

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Used Car Dealer Podcast Episode 37: Nathan Fox on Used Car Inventory and Merchandising 04/29/2021 April 29, 2021, Used Car Dealer Podcast – In this episode of the Used Car Dealer podcast, Zach Klempf interviews Nathan Fox of Cox Automotive who is the senior director of business development for the Cox Automotive Inventory Management Solutions brands which include vAuto and Kelley Blue Book Instant Cash Offer. In this role, Nathan leads the development of all inventory merchandising solutions. His primary focus is… Read Article

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